Glasgow-based legal business bought for £6.3 million



  • Summary:

     

    Glasgow-based Law at Work has been bought by UK-wide compliance services group Marlowe for £6.3 million.

    LAW was founded in 2001 and its staff of around 70 help businesses and organisations comply with employment law and health and safety regulations. In the 12 months to May 31 it had a turnover of £5.5 million and pre-tax profit of £1 million. More than half of its headcount are employment lawyers, HR compliance professionals and health and safety consultants.

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    Marlowe is a specialist group of companies which assure regulatory compliance and safety. It said the acquisition is a part of its strategy of building an "end-to-end provider of regulated compliance services and offers synergies with the Group's exist ...

     

     

    Read Full News: https://www.insider.co.uk/news/glasgow-based-legal-business-bought-21014332


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